Latest: Fintech News
Thai officials have seized a luxury yacht, expensive cars, plots of land, plus millions in cash and stocks in listed firms allegedly linked to scam centre operators in Cambodia
The order led to a widespread outcry from users, critics, activists and political rivals who said the app could become a state surveillance tool in the world’s most populous nation
India's move has sparked widespread concerns on state surveillance, with critics, privacy advocates and political opponents saying the app is a way for the Modi government to get access to 730 million smartphones
Fossil-fuel vehicles made up 75% of Chinese auto exports since 2020, and annual shipments could top 6 million this year, amid huge overcapacity at home
Three auto suppliers have received "general licences" designed to ease demand pressure by allowing more exports under year-long permits for customers
The personal data of 33.7 million customers was leaked in a months-long breach at South Korea's e-commerce giant Coupang. Users’ names, emails, phone numbers and other details were exposed
Revenues of China's top military firms fell 10% last year after the PLA and its Rocket Force were targets of a corruption crackdown ordered by President Xi, new report says
Caught in the middle of the continuing tensions around the Dutch chipmaker are global automakers who rely on the firm for its ubiquitous chips and experts say they have 'no way out'
Vietnam's ties with China may have warmed since the US imposed tariffs, spurring concern about deals signed recently with Huawei and ZTE, which the US does not trust
Beijing has moved to expand its REITs scheme to help developers raise money more easily after the state-owned Vanke became the latest builder to face a debt crisis
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
Fintech InsightsHow Livestream Shopping Works In China
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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